Kelowna Open Houses - Real Estate

328 Glenmore Road
Kelowna, British Columbia V1V1P2

$1,999,700

ID# 10315856

Located in the heart of Glenmore on a transit corridor, this property offers exceptional development potential with mixed MF3 & MF1 zoning, contingent on a three-lot subdivision. Current zoning rights and preliminary discussions with the city and a planning consultant indicate the potential to subdivide into two MF1 lots, each allowing for two six-plex buildings, and one MF3 lot with a higher-density apartment (1.3 – 1.8 FAR), yielding 20,000 buildable sqft. Note, the city does not support rezoning the full lot to MF3. Additionally, a road dedication to connect McTavish Rd through the property is required to facilitate subdivision. This prime location provides a unique opportunity for developers to maximize their investment in a growing area. (id:3942)

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Andrew Newton
Sales Representative
e-Mail Andrew Newton
office: 250.860.1100
cell: 250.469.2055
Visit Andrew's Website

Listed on: June 05, 2024

On market: 103 days



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